Transcription of EU SUSTAINABLE FINANCE
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EU SUSTAINABLE FINANCE
Channelling money towards sustainability and the European Green DealSustainable FINANCE is about re-orientating investment towards SUSTAINABLE technologies and businesses. It is an essential part of the European Green Deal. Major public and private investment is needed to make our financial system SUSTAINABLE and ensure Europe is climate-neutral by EU Taxonomy is a robust, science- based transparency tool for companies and investors. It will provide market participants, investors and companies with a common understanding of green economic activities: activities that make a substantial contribution to the aims of the Green Deal. The purpose of this classification system is to avoid the 2018 SUSTAINABLE FINANCE action planThis Action Plan set out a list of actions to ensure that the financial system supports the EU s climate and SUSTAINABLE development milestones:The Taxonomy Regulation entered into force on 12 July 2020.
insurers, include sustainability in their procedures and their investment advice to clients. An EU taxonomy: consulting experts and using science to move forward The work on sustainable finance has solid scientific foundations and is based …
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